Day 24: Business Proposal

Have to submit a Business Proposal to 3 different sets of people before we can head to the Barangay to apply for a clearance, so spent the afternoon composing one. It's tricky to write a good BP - it has to be succinct, persuasive and informative. I reckon the person in charge would only spare a few minute's time reading over it. If it fails to capture his interest, then goodbye to us. (Though Nee and I have a Plan B, i.e. pakapalan ng mukha)

No one ever said starting a business is easy.

Day 22: Food Trial 2

We made quite a mess at Nee's kitchen today. Had our food trial 2 and we're both very pleased with the result. We couldn't stop tasting the sauce, so much so that I had to make another batch because we quickly ran out even before the dishes are ready. Some of Nee's mom's friends sampled the food and they loved it. One of the moms even asked us to prepare the food for a party she's hosting next week. Oh yan, may side line na kami. 

Big shout out to Nee's mom. She's the one who did all the grocery and palengke shopping this morning! Thank you!

Day 21: Business Meeting 2

Business Meeting 2 = alarm bells ringing

Discovered some disconcerting news today during our second business meeting. Can't get into too much detail about what it is. Only thing I can say is that WE HAVE TO SPEED THINGS UP, or else the the venture will lose its edge.

FULL STEAM AHEAD!

Day 20: Philippine Food Expo 2011

Nee and I dutifully did our rounds at the 10th Philippine Food Expo (http://www.philippinefoodexpo.com/), held once again at the World Trade Center. We first attended the seminar on Intellectual Property Rights, which was conducted by Mr. Marlo Carag of the IPO. Such a funny and engaging speaker! Not only did Nee and I had a more thorough understanding of the different categories of IPR, but we heard some interesting trivia. For instance, did you know that San Miguel Corp couldn't get Ginebra (the beverage company) trademarked? Which is why one doesn't see the word Genebra, but GSM instead, in their recent ads, since the latter is its rightful, official, legal name.

Afterward we went to check out the exhibitors. Lo and behold, we found the solution to our beverage problem!

Day 18 + 19: Not really Competition + 2011 Bakery Fair

Day 18: Had a quick lunch at Eastwood to check out a place recommended to Nee. Not really our competition but it has a similar concept. Quite good - tasty and flavorful. Would definitely suit our market. Nee can't help but feel that their concept was 'borrowed' by a successful venture in L.A. Don't they say imitation is the greatest form of flattery? Teehee...

Day 19: As Nee is away frolicking in some part of Asia, I enlisted the company of my cousin to attend the 2011 Bakery Fair (http://www.bakeryfair.org/2011/) held at the World Trade Center. Mainly I wanted to check out the Food Safety seminar (thanks for the tip Ms. D!). Felt a bit overwhelmed by the number of exhibitors but merrily went home with a bag full of brochures for prospective suppliers ranging from kitchen equipment to printing companies. These will definitely come in handy as we further delve into the Planning phase.

Nee don't forget to bring home pasalubong for meeee!!!

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Day 17: Business Meeting 1 + Competition 4

Had our first business meeting today. Found the company who will be a vital part in helping us execute our concept on Entrepreneur magazine. Went back and forth around Edsa trying to locate the place until finally we called them and found out that the address on the magazine was different from where they're located! Was a bit irked–gasoline doesn't come cheap!!!

We were very pleased with how the meeting went. Have a much better idea of our timeline and how much capital we would need. As with most start up ventures, we would probably have to loan from our parents, which at first glance would seem embarrassing to do but it's the most realistic thing at the moment. After all we were blessed with hardworking parents who can leverage us so why not make the most of this opportunity? Maraming salamat aming minamahal na itay at inay.

After this meeting, things just seem more tangible. It's unavoidable to lose motivation along the way but events such as today help propel us to go on and not give up.

The 'competition' we tried for dinner was good! Better than the previous 3. Getting closer to creating the perfect recipe.

Good night xxx